Wu Jinbiao's cash decreased.

Baihong Industry/KLOC-went public in October/June, and Wu Jinbiao reduced its holdings and cashed in nearly HK$ 2 billion.

When Baihong Group went public, the controlling shareholders were Diquan and Yunying Investment, and the two companies held 37.5% of the company's shares respectively. Diquan holds 65,438+000% equity of Shi Tianyou, the founder, executive director and chairman of the board of directors of the Company, and Yunying Investment holds 65,438+000% equity of the founder and executive director of the Company.

The interim report of 20 12 released by Baihong Industrial on August 20th shows that the company achieved a net profit of 393.875 million yuan in the first half of the year, down 12.25% year-on-year. Regarding the reasons for the performance changes, Baihong Industrial said that the main reason for the decline was the decline in gross profit and the increase in R&D expenses. Due to the fluctuation of raw material market prices, some customers reduced their inventory levels in the first half of the year to reduce risks. The average selling price of products decreased slightly more than PTA, and the overall profit rate of the industry decreased. Although the sales price has dropped, the sales volume has increased.

In the secondary market, Baihong Industrial announced its break on the third trading day of listing in May 1 1, and then rose strongly, reaching as high as HK$ 6.05, but then fell sharply, so far it has not recovered its issue price. Baihong Industrial 20 12 fell to HK$ 3.55 in February. From April to 10 minute, Baihong Industrial basically only fluctuated around HK$ 4.2.

201September 17, Baihong Industrial announced that Diquan and Yunying Investment, the controlling shareholders, sold 218405,000 shares and 448,305,000 shares of Baihong Industrial to Chongqing Zhongneng Industrial Co., Ltd. on September 17, at the price of each share. After the completion of the transaction, Shi Tianyou and Wu Jinbiao respectively controlled the imperial power and Yunying Investment, and lost the controlling shareholder status of Baihong Industry. Chongqing China Energy Conservation Industry Co., Ltd. holds 666,765,438+00,000 shares of Baihong Industry, accounting for 29% of the total issued share capital, becoming the single largest shareholder of the company.

After giving up the position of controlling shareholder, Wu Jinbiao holds 465,438+0382 million shares of Baihong Industry, with a shareholding ratio of 65,438+08%. However, by reducing its holdings by 448.305 million shares, Wu Jinbiao cashed in as much as HK$ 654.38+96.8 million at HK$ 4.39 per share. Shi Tianyou, another founder of Baihong Industry, will also cash up to HK$ 959 million after reducing his shareholding.

related news

20 12 12, "The boss of Jinjiang Baihong Group married his daughter with a dowry of 200 million yuan, once again setting a new record for marrying women in Fujian!" Information about sky-high dowry frequently appears on some well-known local forums in Sina, Weibo and Fujian.

The dowry of 200 million yuan is also explosive news in Jinjiang, which is famous for "marrying a daughter to give a luxurious dowry". 20 1 1 year 1 1 month, when Xu Lianjie, niece of Jinjiang Hengan Group, got married, her dowry was also exposed as high as1.400 million yuan. In this wedding that shook Weibo, the bride was Wu, the daughter of the boss of Baihong Group, and the groom was Huang Shaorong, the son of Jinjiang shen hu zhen Yellow River Company. In the "20 1 1 hurun rich list", Jin Wu of baihong group ranks 428, and its assets show 4 1 100 million yuan.

On October 20 12, 165438+ 10/day, Baihong Industrial rose by 7.9%, and then rose by 5.63% and 1. on October 23 and 26, respectively. As of June 30th, 165438, Baihong Industrial increased by 16.3% in June. Some netizens ridiculed that "this is a red envelope for newcomers." Baihong Group's luxury wedding banquet was held on 2065438+021654381October 24th.

If the dowry value of 65,438+billion shares is Baihong Industrial shares, roughly based on the closing price of 2012165,438+1October 30th, the groom who marries the rich woman will get about 21235,438+0,400 shares, accounting for the total issued shares of Baihong Industrial.

The source of luxury dowry

The news that "Wu Jinbiao, the boss of Jinjiang Baihong Group, married a woman with a dowry of 200 million yuan, of which the stock value was 1 billion" once again shocked the eyes of netizens. Just two trading days before and after the date of the online wedding banquet, the share price of Baihong Industrial, in which Wu Jinbiao holds the equity, rose strongly, with a cumulative increase of nearly 8% on 23rd and 26th. According to the information disclosed by the Hong Kong Stock Exchange, Wu Jinbiao reduced its holdings of 448 million shares of Baihong Industry from 2065438 to September 2002, and cashed in nearly HK$19.68 million. Based on the 30-day closing price, the market value of Baihong Industrial stock held by Wu Jinbiao is still as high as HK$ 65.438+94.9 million.

The interim report of 20 12 released by Baihong Industrial on August 20th shows that the company achieved a net profit of 393.875 million yuan in the first half of the year, down 12.25% year-on-year. Regarding the reasons for the performance changes, Baihong Industrial said that the main reason for the decline was the decline in gross profit and the increase in R&D expenses. Due to the fluctuation of raw material market prices, some customers reduced their inventory levels in the first half of the year to reduce risks. The average selling price of products decreased slightly more than PTA, and the overall profit rate of the industry decreased. Although the sales price has dropped, the sales volume has increased.

In the secondary market, Baihong Industrial announced its break on the third trading day of listing in May 1 1, and then rose strongly, reaching as high as HK$ 6.05, but then fell sharply, so far it has not recovered its issue price. Baihong Industrial 20 12 fell to HK$ 3.55 in February. From April to 10 minute, Baihong Industrial basically only fluctuated around HK$ 4.2.

On October 20 12, 165438+ 10/day, Baihong Industrial rose by 7.9%, and then rose by 5.63% and 1. on October 23 and 26, respectively. As of June 30th, 165438, Baihong Industrial increased by 16.3% in June. Some netizens ridiculed that "this is a red envelope for newcomers." According to media reports, Baihong Group's luxury wedding banquet was held on June 24th, 165438+.

If the dowry value of 65.438 billion shares is Baihong Industrial shares, and the closing price of Zhongxin.com Securities Channel is roughly calculated as165438+1October 30th, the groom who marries the rich woman will get 265.438+023. 1400 shares every month, accounting for 0.92 of the total issued share capital of Baihong Industrial.